China is opening up rural land for residential property development in 13 cities that will provide rental housing to ease the pressure on urban accommodation brought about millions of workers that move to the cities. Photo: Justin Jin

China turns rural land into rental housing for the first time to stabilise property prices

Analysts say they fear the expropriation process will be abused by corrupt village chiefs

Topic |   China property

TOP PICKS

China is opening up rural land for residential property development in 13 cities that will provide rental housing to ease the pressure on urban accommodation brought about millions of workers that move to the cities. Photo: Justin Jin
READ FULL ARTICLE